VALERIA Société de Gérance SA

The company's purpose is a) to manage assets of all kinds; b) to acquire, encumber, sell and manage real estate in Switzerland and abroad. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose. It may also provide financing for its own account or for the account of third parties, as well as grant guarantees and sureties for subsidiaries and third parties.